Aging tech is blurring into health tech now -- not later. The era of standalone tech for older adults is fading fast – even the PERS industry is breaking free of the four walled 600-feet movement limitation. Instead, CMS is beginning to reimburse telehealth technology, caregiving marketplaces undergoes a lemming-like boom in VC investment, and the froth factor is gradually drying up in Silicon Valley Digital Health investments. Boomers are now senior, the oldest turned 70 in January. They’re not retiring as fast as millennials might hope (surprise!). The uber alles economy, temporarily is providing some the income lost from the permanent loss of corporate jobs.

Boomers are going to be seniors – and that drives the home care forecast. This underpins the lemming investor interest in ‘senior care,’ caregiving marketplaces and at least temporarily (maybe 15 years!) lack of interest in private pay senior ‘living’ companies like Brookdale. Was it their debt? Or was it that the median net worth, inclusive of housing, of the aged 75+ population is nowhere near enough to afford Brookdale? Or is it the seriously inadequate retirement savings of boomers. So if moving into senior living cannot be in the forecast for the mid-80’s years of 70-year-olds, home care, in some form, is the only option.